What's News: Business & Finance -- WSJ

05/18/19 02:47 AM EDT

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (May 18, 2019).

Amazon is investing in British food-delivery startup Deliveroo, signaling continued interest in a sector that has befuddled the e-commerce giant and others.

Google has agreed to refund advertisers for ads purchased on its ad marketplaces that ran on websites with fraudulent traffic.

Legg Mason is nearing a settlement with Trian that would give the activist hedge fund seats on its board and avoid a proxy fight.

The biggest U.S. firms set CEO pay records for a fourth straight year in 2018, an analysis by The Wall Street Journal found.

Major U.S. stock indexes lost ground Friday. The Dow, S&P 500 and Nasdaq posted drops for the week.

HPE agreed to buy supercomputer maker Cray in a $1.44 billion deal.

Deere lowered forecasts, reflecting struggles faced by U.S. farmers.

Wynn Resorts is in talks to sell its Boston-area casino project to MGM Resorts.

CBS has had talks with Lions Gate about acquiring pay-TV channel Starz.

Nike said it is adding language to new contracts for female athletes that will protect their pay during pregnancy.

 

(END) Dow Jones Newswires

May 18, 2019 02:47 ET (06:47 GMT)

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